2022-09-30 05:00:01 VOYA Voya Financial
09/30/22 09/3005:00 09/30/2205:00 | Voya Financial upgraded to Overweight from Neutral at Piper SandlerPiper Sandler analyst John Barnidge upgraded Voya Financial to Overweight from Neutral with a price target of $70, up from $65. The analyst sees the company as a "net beneficiary" from higher inflation. Voya's purchase of Allianz Global Investors U.S. funds brings enhanced distribution with limited currency exposure and its valuation is materially lower than life insurers with sizable asset management operations, Barnidge tells investors in a research note. |
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